Tag: "retailing"

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Cheap and cheerful:  Festive shoppers seek bargains as spending is tipped to disappoint

Cheap and cheerful: Festive shoppers seek bargains as spending is tipped to disappoint

According to IBISWorld, Christmas retail spending is set to remain flat this December, growing by only 0.4% on last year’s sales as consumers tighten their belts. Early indications suggest Australians are becoming more frugal this December, which will be reflected in an increased interest in early sales, deep discounting and bargains. In the lead up […]

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At what cost: Costco is shaking up wholesale and retail industries

At what cost: Costco is shaking up wholesale and retail industries

Costco Wholesale Australia Pty Ltd, a subsidiary of the US-based chain Costco Wholesale Corporation, entered the Australian market in 2009 through a single store in Melbourne. Since then, the company has grown its presence across several retailing and wholesaling industries, and has put pressure on established supermarkets and grocery stores, grocery wholesalers and consumer goods […]

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Made to measure: Retailers are finding new growth opportunities

Made to measure: Retailers are finding new growth opportunities

Australian retailers have battled difficult trading conditions over the past five years. In particular, clothing retailers have been negatively affected by subdued consumer spending and mounting competition from the entry of foreign fast fashion retailers, such as Zara and H&M, into the Australian market. Overall, the clothing retailing industry is expected to have grown by […]

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Niche retailing grows on Australians

IBISWorld reveals the extent of Australia’s love affair with niche retailing, including a taste for fast fashion and premium items, which is delivering bumper revenue growth. Business information analysts at IBISWorld expect that several niche retail industries, from bridal stores to fast fashion and maternity wear, will outperform the wider retail industry over the next […]